The price of Bitcoin is nearing the psychologically important price point of $100,000 this morning—a level the cryptocurrency has not seen since early February.

As of the time of this writing, one Bitcoin is currently trading at over $99,800. That’s up nearly 3% in the last 24 hours and only $10,000 lower than the all-time high that the token reached earlier this year.

Here’s what you need to know about Bitcoin’s most recent approach to six figures.

Bitcoin is currently trading at less than $200 shy of $100,000 per coin as of the time of this writing. The cryptocurrency king hasn’t traded at levels this high since early February, and it has not surpassed the $100,000 mark since the first few days of that month. 

While a $100,000 price point of Bitcoin doesn’t have any underlying meaning on a fundamentals level, the passing of the six-figure barrier again will likely signal an important psychological threshold in many investors’ minds.

In late January, just a day before President Trump was sworn in for his second term, Bitcoin traded at an all-time high of over $109,114 per coin. The coin had first crossed the $100,000 threshold back in December 2024, shortly after then-president-elect Trump announced the........

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